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I'm looking at this building, ARV (though I plan to hold) is 750k, needs 100k at least (150k pessimistic est), and the seller is down to 425k (mortgage is 410k which I will assume, though I will have to pay back some ...
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Hello,I own with a partner a commercial building here in Kentucky that we have done some work on, had an LOI and prelim contract but nothing has come through. It is about 20,000 sq ft with a parking lot and about 1.8 ...
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I closed on a 4 unit on 3/01/24 and sure could use some help.
I appreciate any responses to anything below!
- 3 units are occupied by seller’s close family - All units are on month to month basis
- All units ...
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Hey everyone,I wanted to hear everyone's opinion on buying rentals on well water. Pros and cons?I am in the Chicago land area so hopefully, I can get some input from local investors.
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I have a mortgage related question regarding a property I am currently in contract with and hopefully set to settle on in the next couple of weeks.I am purchasing a duplex under an FHA loan (5% down) with the expectat...
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So far all of my deals have been low all-cash offers. I want to start making Sub 2 and seller finance offers. When you make offers for seller carry back, what can you offer to pay them monthly? I've talked to people w...
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I'm new to REI, and have gotten into contract on my first property.
I have ran numbers, and numbers and numbers again, and feel that the deal is solid. I've networked with many processionals (bankers, realtors, inves...
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I have a full time job selling RVs, but I want to do real estate on the side, is it worth it if I am not dedicating full time to it? Any advice helps!
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I made a post a while back asking if becoming a realtor was worth it or not. I received many different responses and that was awesome! (Honestly, not sure if it was here or reddit). I pulled the trigger and I start my...
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Hey everyone ,I am a newbie investor. I am looking out of state because where I live in California is just to expensive. As a newbie I am looking at homes that are “turn key” and could get 4-5% annual CoC. I know p...